[Hypechic]

Originally Posted by Bocajunior

Hypechic,

The stop loss is set at the current postition of the SAR dot. So if your trade is going in the right direction, you will gradually lock in profits. The stop loss needs to be adjusted every day and moved to the latest dot position.

Cheers
Boca

Thanks Boca. Even though I'm trading a demo account, I'm handling it as if it were my real money and I got to thinking, if this was really real money would I be comfortable trading without a stop-loss? The answer was a resounding 'NO'. It seems I don't like risk as much as I thought I did.